Monday, December 17, 2007
I found this interesting. An American explains reasons why he thinks (in 2005) the bubble is about to burst, comparing it with Japan. Sounds like hes an "honest joe" and he explains that from 1975 to 2000 prices have remained flat with a (bubble) explosion thereafter. He says (take note Maddisson) "Yes, there could be another year or two of good times, and I'll miss 'em. But I'm okay with that."